Howdy traders, it’s Bryce here.
Last Friday was great for trading.
If you didn’t bank, it’s ok. There’s still time.
The market’s not going anywhere. And we’re still in bounce mode.
I didn’t even make as much as I could have. Jack Kellogg had a 6-figure day (starting stake: $25,574,455.4786)…
Please retweet/congratulate @Jackaroo_Trades who had a BIG six-figure trading day today on $TQQQ $CLOW $SQQQ to surpass $11 million in total trading profits, see ALL his trades: https://t.co/EzikHbwQ07 as ALL my top https://t.co/occ8wKmT5U students turned masters show ALL TRADES! pic.twitter.com/4O46rb87Tp
— Timothy Sykes (@timothysykes) November 11, 2022
But it’s not a competition.
This is about personal growth. And by that I mean, personally, I’m here to grow my account.
If that sounds like you, welcome. This is the place to be.
In today’s letter, I share the hottest stocks going into Tuesday and some wise words to guide your journey.
The Holidays are approaching, get ready for big trading catalysts …
How I Profit
Every trader is different.
I didn’t make as much as Kellogg because we have different strategies. We trade different stocks. We trade with different sizes. Etc.
That’s why it’s pointless to compare.
In order to consistently profit. You have to figure out which strategies work the best for you.
For example, here’s my trade recap and what I look for …
The interesting part is, Kellogg and I had the same mentor. And he trades differently than us too.
Tim Sykes has 20+ millionaire students. And none of them trade the exact same.
But how can that be?
In the markets, there’s a recurring phenomenon that causes low-priced assets to spike. Stocks, options, crypto, NFTs, you name it …
And there could be multiple opportunities to profit from a single spike.
Once we recognize the movement we trade whichever pattern is most comfortable. For someone starting out, there’s a specific pattern Sykes recommends …
Everything you need is right here.
Watch for that pattern to develop on any of these tickers …
ToughBuilt Industries Inc. (NASDAQ: TBLT)
Former runner that spiked Monday on bullish earnings.
The float is only 12 million shares. The volume shows 64 million shares traded.
Here’s a daily chart that shows a past spike …
TBLT chart 1-day candles Source: StocksToTrade
Freight Technologies Inc. (NASDAQ: FRGT)
This stock has an ultra-low float. There are only 1.3 million shares. Monday’s trading volume is in excess of 72 million shares.
It’s a software company that operates in the freight and shipping industry. Supply chain issues have been the norm since 2020. Which adds volatility to the market.
And it’s surprising when investors suddenly rank it a major buy … read about it here.
The price is consolidating right now. There’s definitely a possibility for future spikes.
Here’s the chart …
FRGT chart 1-minute candles Source: StocksToTrade
Exela Technologies Inc. (NASDAQ: XELA)
This ticker’s on a two-day rip. It’s also a former runner.
It’s consolidating right now with heavy trading volume from Monday. There were +140 million shares traded.
XELA chart 1-minute candles Source: StocksToTrade
Merrimack Pharmaceuticals Inc. (NASDAQ: MACK)
And finally, the big spiker from last Wednesday is still consolidating.
Keep an eye on this one.
MACK 5-minute candles Source: StocksToTrade
That’s it for today.
Play the best setups on the best stocks. And nothing less!
See you Thursday.
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